I have $30,000 to invest, want to make a lot of money off of it, I am only 25 yrs old, need some ideas?

Standard investment advice is that you should invest in a diversified mix of stocks, bonds, and money market funds. If you are like most people you will invest part of your money aggressively in stocks, and part conservatively in money market funds and bond funds. The links below have on-line questionnaires which will give you an idea of how to do "Asset Allocation," determining how much to put in each type of investment.

You want to buy a diversified portfolio of stocks as individual stocks are too risky. Highly knowledgeable people can buy a properly balanced portfolio, but most folks have a difficult time balancing things on their own. They will misbalance their portfolio by buying all small stocks or all growth stocks, or some other misbalanced assortment of stocks. Back in 2000, Some people bought all internet stocks; they got burnt when they all crashed together. You have to diversify across industries. Unless you know what you are doing, it is best to buy mutual funds. Buy no-load, low cost funds. Mutual funds should have expense ratios of less than 0.5%.

If your company offers a 401K plan at work, try to invest the most you can. The money grows tax free, and some companies will match your contribution. Investing in a mutual fund IRA is also a good idea. If you have children, you may want to consider a 529 plan or other college savings plan that grows tax free.

I like index funds. Because of their broad diversification, you are less likely to have a dramatic drop in value. They also have the lowest expenses. For stock funds, I would suggest putting ~70-80% of your money in the Vanguard Total Stock Market Index Fund. and ~20-30% in a foreign stock index fund. However, there are many different opinions out there on what the best mutual funds are. Read the links below and form your own opinion.

Buying a house instead of renting will save you a lot of money in the long run. You don't have to pay rent and you build equity in your house instead. Buying rental property can also be a good investment. However, being a landlord can be hard work, and many people are not good at it. If you don't know how to handle deadbeat renters, you can have trouble.

If you have high-interest debt, like credit cards, it is best to pay this off first before trying most of the investment ideas above. You should also have 3-6 months of salary saved up as an emergency fund in a bank or money market fund before trying more risky investments.

Believing advice you get on Yahoo answers can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however.

Sources:
(all links are to non-profit groups or to Yahoo sites. None are solicitation)
http://finance.yahoo.com/education/begin_investing
http://finance.yahoo.com/funds/basics
http://www.vanguard.com/VGApp/hnw/planningeducation
http://sec.gov/investor/pubs/assetallocation.htm

Asset Allocation Calculators
(Determining how much to put in stocks and how much into bonds and money markets is a personal decision depending on your financial status. These Asset Allocation questionaires give you a rough idea how to do this.
https://personal.vanguard.com/VGApp/hnw/FundsInvQuestionnaire?cbdInitTransUrl=https%3A//flagship.vanguard.com/VGApp/hnw/planningeducation/education
https://ais2.tiaa-cref.org/cgi-bin/WebObjects.exe/DTAssetAlcEval

Some mutual funds but not in tech...in more basic consumables...this market is going to slow down.

Simple advice...start reading Money and other magazines.

to be honest with you it is great that you are young and excited with investing....with the market being so low right now just getting into the market with the dow so low is a great thing to do. depending on preferense you can invest in mutual funds, etf's closes end funds etc. I do this as a career email me tommorow at kyle.freda@morganstanley.com and i we can get in touch to talk about some of our firms outstanding capital ideas.

cheers

im glad to hear you say you want to invest it,, thats the way to go,, stay clear of real estate, it costs to much to buy and sell and keep up with the maintenance... the greatest long term investment has always been the stock market, returning an average of 9% a year,, after 7 years you will double your investment,,, and thats if you just do average... You should check out a site like www.thewallstreethunter.com for some good market commentary and suggestions for which sectors to be in,, they are pretty good and have some free articles about how to trade on wall street for beginners,,

Good luck,,

Look at mutual funds....right now it would be wise (and I know this sounds crazy) but you should invest in domestic funds (US companies) and I'll tell you why. Since our country is in a "slight recession" and our dollar's value has slumped a little, foreigners have found the US to be a fairly cheap place to invest and have begun investing themselves. A pretty cheap company to go through is Vanguard (www.vanguard.com). You should make about 15-18% annually on your investment if you choose wisely. Best of luck to you... let me know when you reach $1 million :)

buy a gibson Les Paul (Guitar) and play it for 12 hours and be like Slash

I would recommend buying the book "Options Made Easy" by Guy Cohen. It will introduce you to the market and educate you in some basic options strategies. As a side benefit, you will learn more than enough about the stock market and realize that it isn't just stocks that you need to know.

The biggest mistake new investors make (and, unfortunately, too many experienced ones as well) is focusing only on stocks and the age-old teaching of just hanging on through all the ups and downs as long as you've invested in a "good" company. There are several things you can do when combining stocks with options that will protect you from down-trends while improving your returns in up-trends. Not very many people will teach you how to do this in ways that the average person can understand and follow.

The most helpful website and company I have found in the years that I have searched to learn more about trading is BetterTrades. Not only do they offer free classes (which you should take all of AFTER reading the above book), but their paid classes, though expensive, are worth the money (and they do have a money-back guarantee on their intro class). I went from the mainstream belief that 10% year was a good return to now making that easily in a day (using the Q's)! My goal now is 120% monthly return on my investment capital(believe it or not, this figure is not unrealistic). This is how I make my living and I only spend a small portion of my day on the market. What I do, most people could do.

For the first few months after reading Guy's book and going to BetterTrades, I was actually pretty upset at not knowing a lot of this stuff over the years when I just let my stock accumulate for the "long term" and lost out on so much potential that I didn't know about.

Take the time to learn now and don't wait like I did.

FYI- you can easily start with as little as $500. You can contact me if you want more info.

Invest in Noront Exploration. (NOT) It is a canadian exploration company. They are on the verge of discovering a huge nickel, platinum, paladium, gold deposit in northern Ontario.. also traces of Rhodium. It is traded on the TSX. You can get all the information you need at Agoracom dot com. There you will find numerous well seasoned investors in mining companys discussing the discovery. It is 4.75 (US) per share. My favorite investment at this time... It will hopefully have more great news, as this year unfolds. This is not a hype, but a true objective answer. Check the price 6 months from now, if you are in doubt. The US trading symbol is NOSOF Most all investors in the mining industry are aware of this discovery in the James Bay Lowlands, Ontario, Canada. They are currently drilling and staking out new claims... It is a speculation, but very worthwhile to look into.... I own it, do your own due diligence, IMHO

If I were you, I wouldn't invest all the money into stocks. Since you're only 25, it's good to pick a fund that is more aggressive.

Besides stocks and mutual funds, you can also try to invest on Prosper, a P2P lending marketplace. The return rate is pretty good.

Let me give you some information that may help you.

About 75% of all mutual funds under perform the market. All of them have management fees, and some have sales loads.

ETF's are very similar to mutual funds, but have much lower fees on an overall basis.

You are young and should stay conservative in your investment strategy.

Your first option should be to fund fully a retirement account.

If you have done this, or you wish to wait on the retirement fund, then one of the best things you can do is open a DRIP Plan.

They are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.

The best part is you get solid annual returns from well-known, safe Blue Chip companies like: McDonalds, General Electric, Pfizer, Walmart, US Bancorp.......etc........

They are inexpensive to start and maintain, and your dividends are reinvested for free.

They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down.

Good Luck

Try http://www.goldenbullstocks.com

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